open letter to a nervous friend new in the market

dear trader buddy,

thank u for ur kind warm words.

the crucial words u said are "i am also a share market lover"

frankly nothing else is compulsary.

i too loved the market. and this love has taken me a long way.

being a "zero" is actually a big advantage because majority of info and know-how floating in the market is crap.

just start from what u know,

keep searching for whatever comes to ur mind.

i used net for this purpose.

net has everything.

i learnt quite a few technicals, then dropped almost all of them when i saw they didn't work well.

then 2-3 were left.

i observed market and charts for long long hours.

this resulted my own methods and ideas. some worked, many didn't.

one good thing i fortunately did was

that i never committed big money till i "graduated" in trading.

just master 2-3 technicals, read a lot of articles, listen to a lot of interviews on business channels,

read a lot of business mags and newspapers, visit a lot of websites and forums,

paper trade a lot and keep noting logic behind trades and learnings.....

treat trading stocks as if you had started learning trading onions and potatoes and tomatoes in a veg market

.....believe me there is not much of a difference.....

all the best....it is going to be a long journey but would be short for you since u love the market.

jagmohan